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The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:The aging of the population is increasing: the proportion of people over 60 years old in China continues to increase, and it is expected to reach 29.9% by 2040, which poses great pressure on the existing old-age security system.2. The influence of index funds into individual pensions

The influence of the first batch of 85 index funds on market expansion is mainly reflected in the following aspects:2. The influence of index funds into individual pensions2. The influence of index funds into individual pensions

Market scale growth: The inclusion of index funds is expected to attract more individual pensions to participate, thus increasing market scale and improving market liquidity.2.6 Economic growth and wealth effectAccording to official data, as of December 12th, the number of products that can be invested by individual pension in Public Offering of Fund has increased to 284, all of which have announced the establishment of Y share. This expansion is expected to have the following impact on the market: